How to sell share of a single member LLC to an existing employee without any price

Hi, Well, I would think long and hard before giving an interest in an LLC. While you can certainly retain a majority and voting rights,...

Are text message sales binding?

Hi, To make a contract there needs to be 1) an offer 2) acceptance and 3) consideration (this can often come in the form of a promise for a...

This is one of those "state of the law" kind of questions. I am more inclined to agree that there is no exception I am aware of, but there may be...

Licensing software from a corporation owned by my partner to LLC owned by both of us

Hi, How simple or complicated this transaction becomes depends on the objectives of both parties. I am not really sure what kind of response...

Can LLC partnership(other members) charge interest to member who refuses to pay expense

Hi, I agree with counsel that it really does depend. Typcially the LLC will pay for the LLC partnership return (which is very inexpensive to...

What type of rights do I have a verbal agreement with no conditions or contract?

Can't you just write a check? I mean you guys are talking about a very small amount of money that would not even be worth the cost of traveling the...

Corporation, personal liability and lawsuit.

Hi, IN short, that is possible under a variety of scenarios, but typically the assets of a corp are shielded from the creditors of its...

Can I take someone to court for breaking a verbal contract on Facebook?

Hi, First, you are talking about a very little amount of money so whatever this is worth in principle you need to balance with the energy it...

Is it rape if my ex-wife seduces me while I have adjustment disorder with depression?

If you are so lacking in your mental capacity that you cannot stop yourself from sexual intimacy with another person then there in no way a court...

What are the available options?

Hi, It is really hard to know without exploring all the facts and circumstances. Just because the hotel rep said the rooms were available and...